According to the Dow theory, there are 3 types of trends. When the market moves in a certain direction, it never makes it a straight line. The market always moves like this: a new peak; rollback; new peak. A rollback is followed by a new maximum value, a new rollback, and so on until the trend changes. As a result, any trend can be decomposed into several stages....
I am looking a Tron (TRXH19) on BitMEX and it is getting ready for action. Looking at the chart above, there are several signals to look at, please allow me a few minutes to go through these with you and feel free to hit like anytime now before we get started... Ok... Great... Let's trade! We can see that Tron has been retracing for a while but volume has...
Tron (TRX) is preparing to form its bottom. - We have gone oversold on RSI daily timeframe. - And we have many EARLY signals of a coming bottom. I will keep track here and update as necessary if this trade idea receives enough attention. This is a friendly reminder so that you can keep and eye, opportunity to buy available. Note: This is for your learning and...
Welcome back to Lesson 6 traders. I have something interesting for y'all in this lesson. This lesson is going to be a series on Breakout Patterns. I will be posting one breakout pattern at a time, so it is easy to understand, and clean enough to follow. The following lessons are going to be posted in lesser time. So in the Lesson 6 series, since there will be...
When I saw Tron (TRX) on Binance going up yesterday, I wanted to post an update to suggest caution. As Tron is part of the cryptocurrency markets and the market is going through a huge correction. I know that many of the Tron traders are beginners, as Tron was only available on Binance first and Binance took the job of taking in all beginners crypto traders....